797 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

78.2

Good

Overall 78.2 · Smaller than most nearby homes

1,540 sqft (bottom 26%) · Built in 2019

Located in a high-income area with median household income of ~103k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years Bridgwater Trails sales snapshot (~80% of all data)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

78.2 is composed by the two sections below.

Property Score

75.4Good
Living Area1,540 sqft79Good
Year Built201997Excellent
Lot Size2,825 sqft28Low
Neighbourhood Sales Activity89Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Bridgwater Trails

How to read: Share of sales in each ~$50k price band for “bridgwater trails” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257

Community deep dive

$103K

Median household income

$120K

Average household income

14%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

13%

Single-person households

44%

Families with children

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,540 sqft
0255075100
Same streetBottom 22%Same areaBottom 26%CitywideTop 28%
Same street · Bridge Lake Drive
#123 / 158
Bottom 22% · Avg 1,844 sqft
Same area · Bridgwater Trails
#943 / 1,282
Bottom 26% · Avg 1,849 sqft
Citywide · Winnipeg
#54,858 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
486k
0255075100
Same streetBottom 37%Same areaBottom 30%CitywideTop 22%
Same street · Bridge Lake Drive
#99 / 158
Bottom 37% · Avg 627.7k
Same area · Bridgwater Trails
#894 / 1,282
Bottom 30% · Avg 596.2k
Citywide · Winnipeg
#42,982 / 194,458
Top 22% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 25%Same areaTop 35%CitywideTop 4%

Lot Size

below average
2,825 sqft
0255075100
Same streetBottom 6%Same areaBottom 8%CitywideBottom 9%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

797 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 375 m).

Search radius
🌳Parks1

Crime & Safety

Bridgwater Trails · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

50%

Sales History

Sold 9/2019CA$350k–400k
Sold price

Same street

Bottom 27%

Same area

Bottom 16%

City-wide

Top 40%

Related homes

Highlights & common questions: 797 Bridge Lake Drive, Winnipeg

Property Overview: 797 Bridge Lake Drive

Section 1: Key Characteristics & Appeal

This two-storey home in Bridgwater Trails is a modern property, built in 2019. Its key appeal lies in being a relatively newer build within a popular, master-planned community, offering a low-maintenance start for the next owner. The home sits on a standard-sized lot (2,825 sqft) and features 1,540 sqft of living space with an attached garage and an unfinished basement—a blank canvas for future customization.

The property’s primary draw is its balance of age and value. While the living space is modest compared to some neighbours, the home is newer than approximately 96% of properties in Winnipeg, suggesting modern building standards and less immediate worry about major repairs. It suits first-time buyers or young families looking for a turnkey home in a contemporary neighbourhood, or investors attracted to a newer asset in a high-demand area. A thoughtful perspective is that the unfinished basement, while not a current feature, represents potential value growth for a buyer willing to renovate, allowing them to tailor the space to their needs.

Section 2: Frequently Asked Questions

1. How does this home compare in size to others in Bridgwater Trails?
At 1,540 sqft, the living area is more compact than many homes in the area, ranking in the top 78% on its street (meaning 78% of homes are larger). This indicates it’s a more manageable size, potentially leading to lower utility costs and less upkeep.

2. What does the assessed value tell me?
The current assessed value of $48,600 is a municipal valuation for tax purposes, not a market price. It ranks higher than 80% of Winnipeg homes, which reflects the desirability of the area and the property's newer age, but final sale price is determined by the market.

3. Is the lot size typical for the neighbourhood?
The 2,825 sqft lot is on the smaller side for the street, ranking better than only 6% of lots on Bridge Lake Drive. This is common in newer communities and translates to less yard maintenance.

4. The home sold in 2017. What does that history indicate?
It was purchased new from the builder in 2017 for $37,300. The significant increase in its assessed value since then is largely aligned with the overall growth and development of the Bridgwater area over the past seven years.

5. What are the implications of the unfinished basement?
The basement is a full, unrenovated space. This is a key consideration: it adds no immediate functional living area but offers significant potential for future expansion (e.g., a rec room, extra bedroom, or suite) subject to permits and investment.

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